Cheap Apartments for Rent in the Kilowatt Lake Neighborhood of Memphis, TN from $300 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Kilowatt Lake area of Memphis.

property at 820 Maury St

820 Maury St

MemphisTN38107
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Watkins Manor
1 to 3 Bedroom Apartments

Watkins Manor

2643 N Watkins StMemphis, TN 38127
  • Utilities Included
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2238 Howell Ave
1 to 2 Bedroom Apartments

2238 Howell Ave

2238 Howell AveMemphis, TN 38108
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2086 Hubert Ave
2 Bedroom Apartments

2086 Hubert Ave

2086 Hubert AveMemphis, TN 38108
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669-677 Harrell St
Studio to 1 Bedroom Apartments

669-677 Harrell St

669-677 Harrell StMemphis, TN 38112
Showing Results 1-46, Page 1 of 1

Kilowatt Lake, Memphis, TN Local Guide

Cheapest Available Kilowatt Lake Apartments for Rent

 

The cheapest available apartment rental in the Kilowatt Lake area of Memphis, TN is a 2 Beds unit found at University Gardens Manor priced from $709. Springdale Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Kilowatt Lake apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
University Gardens Manor2x1 Classic2BR,1BA$709
Springdale Creek Apartments1 Bedroom1BR,1BA$725
Kings Reserve MemphisBeale Corner Grande1BR,1BA$800
Love Midtown Apartments1 Bed 1 Bath1BR,1BA$890
The Galloway @ EvergreenThe Evergreen2BR,1BA$999
Parcels at ConcourseCrafton 3Studio,1BA$1,423
1468 Snowden AveSpacious2BR,1BA$1,500

Best Value Apartments for Rent in Kilowatt Lake, TN

As of September 15, 2025 the best value apartment in the Kilowatt Lake area is the $0.89 price per square foot Spacious Model at 1468 Snowden Ave in the in the Midtown Memphis neighborhood starting from $1,500. The second greatest value Kilowatt Lake apartment is the Kismet 12 Model at Parcels at Concourse starting at $2,144 with a $2.53 price per square foot in the Medical District neighborhood. Here is today’s list of the best values for Kilowatt Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1468 Snowden AveSpacious2BR,1.5BA$0.89
Parcels at ConcourseKismet 121BR,1BA$2.53
The Galloway @ EvergreenThe Evergreen2BR,1.5BA$1.25
University Gardens ManorGold Unit2BR,1BA$1.19
Springdale Creek Apartments1 Bedroom1BR,1BA$1.04
Love Midtown Apartments1 Bed 1 Bath1BR,1BA$1.37
Kings Reserve MemphisBeale Corner Grande1BR,1BA$1.94
1742 N Parkway, Unit Rear1742 N ParkwayStudio ,1BA$2.31

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Pet Friendly Lifestyle
Kilowatt Lake, Memphis, TN

Ranked #92

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Kilowatt Lake Apartments

What is a cheap apartment in Kilowatt Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kilowatt Lake is under $1,500.

What is the price of a cheap apartment in Kilowatt Lake?

The cheapest apartment in Kilowatt Lake is Springdale Creek Apartments which is listed at $725, while the average apartment in Kilowatt Lake costs $2,800.

What types of apartments are the cheapest in Kilowatt Lake?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Kilowatt Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Kilowatt Lake?

Cheap apartments in Kilowatt Lake have an average cost of $430 which is $2,370 cheaper than the average rent for all rentals in Kilowatt Lake.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The Rental Move-In Inspection Checklist: A Guide for Renters

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The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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